Senior Financial Compliance Specialist
2 weeks ago
- Key Responsibilities:
- Develop and manage budgets, ensuring allocation of expenses aligns with project-specific donor requirements.
- Prepare and submit quarterly and annual reports for Corporate Social Responsibility (CSR) and Foreign Contribution Regulation Act (FCRA) to donor partners.
- Track fund flows to ensure the receipt of funds according to signed commitments.
- Maintain effective working relationships with donor financial representatives or points of contact.
- Draft, review, and manage vendor contracts, grant agreements, and Memoranda of Understanding (MoUs).
- Facilitate smooth completion of annual audits and periodic audit visits.
- Ensure timely filings with the Registrar of Companies (ROC), Income Tax, FCRA, and any other emerging regulatory requirements.
- Maintain updated knowledge of relevant compliance requirements, including RoC, FCRA, CSR Act, and any new regulations affecting nonprofit operations.
- Develop Standard Operating Procedures (SOPs) and internal financial controls for efficient finance operations.
- Draft, update, and amend finance policies as necessary to ensure better and effective operational standards.
- Assist the fundraising team in preparing grant applications and other financial documentation for potential donors.
- Develop interactive financial dashboards for easy access to compliance and financial health information.
- Analyse financial data to assess trends and provide top-level management with strategic recommendations to support organisational stability and growth.
- Oversee payroll processing, leave tracking, reimbursements, and related compliance activities, including TDS, ESI, EPF, Professional Tax, and Shop & Establishment requirements.
- Establish a robust SOP to maintain a healthy payment cycle with vendors, ensuring timely processing and documentation.
- Coordinate board meetings, ensure timely recording of meeting minutes, and facilitate compliance-related actions.
- Oversee banking operations to support smooth transaction processing and financial integrity.
Requirements:
- Bachelor's degree / strong experience with specialisation in finance & accounting. Excellent written and oral communication skills in English.
- Organisational and time management skills.
- Highly motivated, persevering, achievement-oriented attitude.
- Proficient in Microsoft Office (Excel, Word, PowerPoint) & Google Tools (Sheets, Docs, Slides).
- Strong interpersonal, planning skills and data management skills.
- Understanding of accounting software such as ZohoBooks.
About Ground Zero
Ground Zero is a nonprofit hiring agency, currently hiring for 60+ nonprofits in India and APAC region. We only accept applications through GroundZeroJobs.org
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